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De La Rue to shutter Gateshead factory putting 260 jobs at risk after losing Brexit passport contract By Daily Mail City & Finance Reporter Published: 21:50 BST, 17 June 2020 | Updated: 21:50 BST, 17 June 2020 Printer De La Rue will end production at its Gateshead factory that has made the UK’s passports for … Read more
One fear among some economists about the policy response to the virus is that we are storing up huge trouble and at some point down the line it will create an inflationary boom. The Institute of Economic Affairs (IEA) raised the spectre of rampant inflation yesterday, warning of the huge increase in the national debt … Read more
Volkswagen’s latest step to repair its reputation following the Dieselgate scandal is to use low-emissions containers to ship its cars around the world. For the first time ever this week, vehicles from Europe will be transported from Europe to North and Central America on a car freighter powered by liquefied natural gas. It claims the … Read more
Homeowners count the cost of equity release as regulator warns poor advice is leaving elderly borrowers out of pocket The results of an FCA review of equity release advice firms found ‘significant areas of concern’ in the way some were selling equity release Many advisers were told they are not doing enough to ensure customers … Read more
More than 600 savings deals now match or beat inflation after prices rose by their lowest level in May since the 2016 Brexit referendum, but with rates at record lows the news will bittersweet for savers. The consumer prices index measure of inflation stood at 0.5 per cent in May, a four-year low and the … Read more
Boohoo has once again bucked the trend for dismal news in the world of retail, posting strong quarterly results, seeing its share price rise to a new high and snapping up the defunct online operations of Oasis and Warehouse. Fresh from its spat with short-seller Shadowfall and a furore over top brass pay, Boohoo ‘continues … Read more
E10 arrival in 2021: Owners of older cars build before 2002 are being warned of the risks posed by newer greener petrol that will be sold at UK filling stations from next year Filling stations across the UK will switch from E5 to E10 petrol in 2021. While it might seem like a case of … Read more
Money Mail revealed last week how interest in competitions and prize draws has boomed during lockdown. We spoke to two super-successful pros who had won impressive hauls by entering scores of competitions each week. Since then, we have been inundated with emails and letters from our own army of competition enthusiasts. Winning ways: After reporting … Read more
Thousands of over-50s have had their dreams of giving up work dashed after the Covid-19 crisis wrecked their retirement plans. Many say they can no longer afford to stop working because the value of their pension savings has plummeted. Others have had to suspend pension contributions after their income was hit by lockdown and they … Read more
Banking chief quits in sexism storm: UK Finance boss resigns over ‘unpleasant’ comments about financier Amanda Staveley Stephen Jones, chief executive of UK Finance, quit over derogatory comments Amanda Staveley has accused Barclays’s top brass of ‘sexism and misogyny’ Transcripts of two calls made by Jones were handed to the judge as evidence Yesterday judge … Read more